Ashtead rewards UBS with $1bn advisory role

UBS has landed its first mandate from Ashtead, advising the UK equipment rental group on a $1bn (€800m) takeover deal for US rival NationsRent.

UBS won the mandate alongside JP Morgan Cazenove, Ashtead's regular adviser, after alerting the UK group to a potential deal, banking sources said.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions